2. Introduction <ul><li>Please ask questions at any time </li></ul><ul><li>Here are some questions I’ll be answering: </li></ul><ul><ul><li>Who are the players? </li></ul></ul><ul><ul><li>What is finance? </li></ul></ul><ul><ul><li>When should you decide? </li></ul></ul><ul><ul><li>Where would you work? </li></ul></ul><ul><ul><li>Why go into finance? </li></ul></ul>

7. Why Go into Finance? <ul><li>Challenging multi-disciplinary problems. </li></ul><ul><li>Fast-paced competitive environment. </li></ul><ul><li>Enjoy interacting with people and computers. </li></ul><ul><li>As a new field, there is a lot of low hanging fruit. </li></ul><ul><li>Compensation is good, but hours are long and frustrations can be enormous. </li></ul><ul><li>You don’t have to wear a suit or skirt. </li></ul>

8. Where Would You Work? <ul><li>New York, London, and Tokyo are the largest financial centers. </li></ul><ul><li>In the USA, PhD’s also work in Chicago, LA, Atlanta, Charlotte, SF, Tulsa, and Houston. </li></ul><ul><li>Internationally, PhD’s ply their trade in Toronto, Paris, Frankfurt, Hong Kong, Singapore, and Sydney. </li></ul><ul><li>Travel is usually a small part of the job. </li></ul>

9. When Should You Decide? <ul><li>Forward contracting is rare for PhD’s. Companies usually have no need (no head count) or just one. </li></ul><ul><li>The interview process takes a few months and usually involves multiple visits. </li></ul><ul><li>If you have a strong locational preference for NY, London or Tokyo, you might consider moving there first. </li></ul><ul><li>Send your resume and cover letter 1-3 months before graduating. </li></ul>

10. Get a Job <ul><li>The qualities most in demand are: </li></ul><ul><ul><li>communication skills </li></ul></ul><ul><ul><li>analytical skills </li></ul></ul><ul><ul><li>computational skills. </li></ul></ul><ul><ul><li>cradle to grave capability. </li></ul></ul><ul><li>Most firms believe that the finance can be learned on the job. However, risk management is probably the largest growth area and likes financial/empirical skills. </li></ul>

12. Communication Skills <ul><li>Black Scholes is the language of options </li></ul><ul><li>A picture is worth a thousand words </li></ul><ul><li>Walk the walk and talk the talk </li></ul><ul><li>Tolerate ambiguity in others; don’t tolerate it in yourself. </li></ul>

Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.